Economy- Page 61

A Damascus street market scene as Syria prepares for economic revival after the US began removing its 47-year state sponsor of terrorism designation

Syria Removed From US State Sponsors of Terrorism List After 47 Years

Syria moved closer to economic renewal as President Trump initiated removal of its 47-year US state sponsor of terrorism designation, the last major barrier to international banking. Ground-level Damascus reacted with cautious

July 12, 2026

by Arab Desk

Saudi Crown Prince Mohammed bin Salman meets Canadian PM Mark Carney at Al-Salam Royal Palace in Jeddah for energy partnership talks on July 9 2026

King Salman Hands Prince Abdulaziz Saudi Arabia’s Energy and Industry Portfolios

King Salman merged Saudi Arabia's Energy and Industry portfolios under Prince Abdulaziz bin Salman on Saturday, as the Hormuz closure reduced Gulf crude exports. Bandar Alkhorayef was moved to Acting GAMI Governor after Ahmed Al Ohali's dismissal from the post.

July 12, 2026

by Economy Desk

A vessel navigates the Persian Gulf near Ajman UAE during the US-Iran war July 2026

Iraq Rushes to Seal Ceyhan Pipeline Deal Before Contract Expires at Month’s End

Iraq and Turkey are finalizing a 12-month deal to keep crude flowing through the Ceyhan pipeline

US Senate building where bipartisan bill to impose tariffs on Russian oil buyers is advancing

Trump Backs Bill to Punish Russian Oil Buyers, Putting India in Washington’s Crosshairs

The Trump administration said it will back a bipartisan Senate bill imposing heavy tariffs on buyers

Economic Landscape Shifts: Europe’s Waning Prosperity Countered by US Resurgence

BERLIN, GERMANY (TEH) – For decades, the nations of Europe have enjoyed burgeoning prosperity, but the tide appears to be turning. An era of economic decline looms over Europe, while across the

July 19, 2023

Economy·News

Russia’s refusal of gas cost Europe more than $1 trillion

BERLIN, GERMANY (TEH) – Europe’s gas spending has reached staggering heights, surpassing $1.12 trillion amidst the ongoing energy crisis and skyrocketing prices of liquefied and natural gas. Alarming projections indicate that this

October 6, 2024

Economy·News

A worker rides a bicycle at Bharat Petroleum Corporation Ltd. refinery in Mumbai

Indian refiners eye Iraq’s crude as Russian oil’s appeal wanes

MUMBAI, INDIA (TEH) – Indian public sector refineries are revisiting conversations with their historical West Asian crude oil providers, chiefly Iraq, intending to expand their acquisition volumes. This move comes in light

October 6, 2024

Economy·News

Tomato Gold Rush: Soaring Prices Spur Windfall for Indian Farmers

Unprecedented, skyrocketing tomato prices are heralding a season of opulence for some Indian agriculturists, although this fortuitous period could be fleeting due to a prospective surge in supplies over the coming weeks.

October 6, 2024

Economy·News

Turkey calls for abandoning Dollar in trade, proposes exchange of goods with Russia and Iran

In a bid to bolster economic stability and foster closer ties with Russia and Iran, Hakan Topkurulu, Deputy Chairman of the Turkish Motherland Party and Head of the Department of Economic Policy,

October 6, 2024

Economy·News

Japan puts the brakes on lucrative used-car trade with Russia

Japan takes strong measures to block car exports to Russia amid Ukrainian conflict

In a move aimed at intensifying economic sanctions against Russia, Japan has unveiled plans to impose a complete blockade on car export channels, reports ABS-CBN. This bold step, which is set to

October 6, 2024

Business·Economy·News

Stocks surge on optimism as US inflation cools, but potential risks loom

In the midst of decreasing U.S. inflation, the stock market is experiencing a wave of optimism. Over the past week, the S&P 500 surpassed 4,500 points for the first time in over

October 6, 2024

Business·Economy·News

Biden administration announces $39billion in federal student debt relief

The United States President Joe Biden’s administration has unveiled plans to eliminate an estimated $39 billion in student debt, marking a significant move towards fulfilling one of the core campaign promises of

October 6, 2024

Economy·Government and Politics·News

US inflation shows signs of easing, boosting economic outlook

The latest Consumer Price Index (CPI) report released on Wednesday brings some positive news for American households, signaling a slowdown in inflationary pressures. While inflation still remains above ideal levels, the report

October 6, 2024

Business·Economy·News

Global central banks increasingly concerned over de-Dollarization amid rising gold reserves

As tensions continue to rise on the global stage, central banks worldwide are grappling with the question of how to safeguard their gold and foreign exchange reserves in light of geopolitical uncertainties.

October 6, 2024

Economy·News·Opinion

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Economy- Page 61

Syria Removed From US State Sponsors of Terrorism List After 47 Years

King Salman Hands Prince Abdulaziz Saudi Arabia’s Energy and Industry Portfolios

Iraq Rushes to Seal Ceyhan Pipeline Deal Before Contract Expires at Month’s End

Trump Backs Bill to Punish Russian Oil Buyers, Putting India in Washington’s Crosshairs

Economic Landscape Shifts: Europe’s Waning Prosperity Countered by US Resurgence

Russia’s refusal of gas cost Europe more than $1 trillion

Indian refiners eye Iraq’s crude as Russian oil’s appeal wanes

Tomato Gold Rush: Soaring Prices Spur Windfall for Indian Farmers

Turkey calls for abandoning Dollar in trade, proposes exchange of goods with Russia and Iran

Japan takes strong measures to block car exports to Russia amid Ukrainian conflict

Stocks surge on optimism as US inflation cools, but potential risks loom

Biden administration announces $39billion in federal student debt relief

US inflation shows signs of easing, boosting economic outlook

Global central banks increasingly concerned over de-Dollarization amid rising gold reserves

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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